Mad Catz Interactive, Inc. Announces Directorate Resignations
March 31, 2017 at 07:36 am EDT
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In connection with the Mad Catz Interactive, Inc.’s voluntary assignment in bankruptcy, PWC will assume control over the assets and liabilities of the company, effectively eliminating the authority and powers of the board of directors of the company and its executive officers to act on behalf of the company. Accordingly, on March 30, 2017, John Nyholt, Scott Guthrie, Carlo Chiarello, and Karen McGinnis resigned from their positions as directors of the company. The resignations are not the result of any disagreement with the company regarding the company’s operations, policies, or practices, but are because of the voluntary assignment in bankruptcy. The company also announced that all of the directors and officers of the company have resigned effective as March 30, 2017.
Mad Catz Interactive, Inc. is engaged in providing gaming hardware, designed, and engineered in-house for the gamers. The Company designs products for gaming across multiple platforms, including Windows, PC and Mac computers in home gaming consoles, handheld gaming consoles, smart phones, tablets, and other mobile devices. Its DAKOTA Technology utilizes signal-detection techniques to eliminate the bouncing and debouncing effect of the sensor pin. This technology registers each signal and allows the sensor pin to perform accurate clicks. The Company provides a range of product line, including mice, mouse pads, keyboards, audio and controllers. The mice products include B.A.T 6+, M.O.J.O M1, R.A.T. M1, R.A.T. PRO X3, R.A.T., PRO X3 Supreme, and R.A.T.AIR. Its mouse pads products include G.L.I.D.E.38, G.L.I.D.E. 21, G.L.I.D.E.19 and G.L.I.D.E.16. Its keyboards product includes S.T.R.I.K.E. 13, S.T.R.I.K.E. 4, and S.T.R.I.K.E. 2. Its audio products include F.R.E.Q.4 and F.R.E.Q.2.
MAD CATZ INTERACTIVE, INC. 
